Spine Pain Management, a healthcare services technology company, closed on 12 percent Secured Promissory Note for $1 million financing with one of its existing, accredited shareholders. The promissory note has a three-year term with interest paid monthly and the noteholder also received three-year warrants that are exercisable into a total of 333,333 shares of the Company's common stock.
The company will use the proceeds to expand its geographic footprint beyond the eight affiliate locations in Texas and Florida, as well as further support its internal infrastructure.
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The company will use the proceeds to expand its geographic footprint beyond the eight affiliate locations in Texas and Florida, as well as further support its internal infrastructure.
More Articles on Pain Management:
Acadia Hospital Launches Pain Management Program on Opioid Alternatives
10 Pain Management Physicians on the Move
ASIPP Releases Guidelines on Opioid Prescription for Non-Cancer Pain Patients